Tourist Development Tax

(a) There is hereby levied and imposed and set a tourist development tax throughout the county at a rate of five percent of each whole and major fraction of each dollar of the total rental charged every person who rents, leases, or lets for consideration and living quarters or accommodations in any hotel, apartment hotel, motel, resort hotel, apartment, apartment motel, roominghouse, tourist or trailer camp, mobile home park, recreational vehicle park, timeshare accommodation, or condominium for a term of six months or less. When receipt of consideration is by way of property other than money, the tax shall be levied and imposed on the fair market value of such nonmonetary considerations. The first three cents of the tax shall be used as provided in section 118-32. The fourth cent shall be expended only for the purposes allowed by law, including payment of debt service on bonds issued to finance the construction, reconstruction, or renovation of the Tropicana Field (formerly known as the Thunderdome) Stadium, a professional sports franchise facility, or payment of indebtedness issued to refund obligations issued for such purposes. The fifth cent shall be used as provided in section 118-32, exclusively to promote and advertise tourism in the State of Florida, nationally and internationally.
(b) The tourist development tax shall be in addition to any other tax imposed pursuant to F.S. ch. 212 and in addition to all other taxes, fees and considerations for rental or lease.
(c) The tourist development tax shall be charged by the person receiving the consideration for the lease or rental; and it shall be collected from the lessee, tenant, or customer at the time of payment of the consideration for such lease or rental.
(d) Initial collection of the tourist development tax shall be made in the same manner as the tax imposed under F.S. ch. 212, pt. I (F.S. § 212.01 et seq.). The person receiving the consideration for such rental or lease shall receive, account for, and remit the tax to the county tax collector, who shall keep appropriate records of such funds. The same duties and privileges imposed by F.S. ch. 212 upon dealers in tangible property respecting the collection and remission of tax, and making of returns, the keeping of books, records and accounts, the payment of a dealer's credit in compliance with the rules of the county tax collector in the administration of such chapter shall apply to and be binding upon all persons who are subject to the provisions of this article; provided, however, that the tax collector may authorize a quarterly return and payment when the tax remitted by the person receiving the consideration for such rental or lease for the preceding quarter did not exceed $300.00.
(e) The county tax collector may promulgate rules, and prescribe and publish the forms necessary to effectuate this article.